Fri, 23 May 2014 | ADMINISTRATION
Luxury travel company Air Parade, trading as Luxury Villa Escapes and Villa Parade, has been taken over by administrators from O’Haras.
The business failed leaving thousands of holidaymakers high and dry. The administrators are now looking into the problems that led to the present situation.
Air Parade rented out luxurious villas in the Mediterranean, predominantly Majorca and Portugal. Its subsidiary company specialised in flights.
Industry watchdog ABTA had been investigating Villa Parade after rumours that the firm had been offering rentals on properties it could not honour, before the company failed.
Air Parade had been tied up in a legal dispute with Travelopo regarding villa contracts in Majorca. Travel Weekly said social media conjecturing on the extent of the dispute is behind Villa Parade’s decline.
Commenting on the affected travellers O’Haras said: “The firm has 70 clients currently on holiday abroad and their holidays are secure.”
It is thought there are another 1,300 people with booked holidays, while 400 had booked just flights with Air Parade. Anyone affected by the closure of the business is being advised to contact ABTA.
______________________________________________________________________
Related information:
Contact the administrators
An exclusive opportunity to acquire a well-established domiciliary care provider in the North East, offering exceptional care services to its clients.
LEASEHOLD
An exciting opportunity to acquire a versatile newsagents with an integrated Post Office, available on either a freehold or leasehold basis.
FREEHOLD
This property maintenance company offers a unique opportunity to acquire a business with a strong reputation serving blue chip clients across key regions in the UK.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.